price transparency

Hospital Prices: Through a Glass, Darkly

Price transparency means not having to settle for the MSRP, the manufacturer’s suggested retail price, or the sticker price or the friends-and-family discount. Instead, it means seeing the real, bottom-line price. So when it comes it medical care, why is this still an issue?
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Paying Patients To Choose Less Expensive Care Has Little Impact - So Much For The Carrot

Insurance providers use big sticks. They call them co-payments and high deductibles, used to try and lower their costs. Yet, when they try the carrot of rewards -- using actual dollars -- we have little interest.
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